techonology gold surges on moody s us credit downgrade expert sees continued bull run in 2025

Gold Surges On Moody's Us Credit Downgrade; Expert Sees Continued Bull Run In 2025

19hrs 35mins   👁 3

Gold prices surged on May 23 due to a weakening U.S. dollar and fears over rising national debt, following Moody's downgrade of U.S. ratings. Domestic gold futures climbed 0.67% to ?96,235 per 10 grams, while international prices rose nearly 1%, reflecting increased safe-haven demand.